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Evaluating Business Ideas

Last Updated: August 17, 2007 | Related resource areas: Entrepreneurs & Their Communities

Evaluating Business Ideas

This business was started from a hobby
This business was started from a hobby


Once you have decided to start a business the next question for many of you will be,"What type of business should I start?" There are several issues to consider such as

  • Do I have the skills/abilities necessary to start this type of business?
  • Do I have the passion to sustain this business?
  • Is there a market for this business?
  • Will this business be profitable?
http://www.entrepreneur.com/uploadedfiles/images/formnet/star01.doc Business Idea Analysis Worksheet] From Entrepreneur.com

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